Most Clicked USTelecom dailyLead Stories
1. Telecoms, others find flaws in FCC broadband study
USTelecom dailyLead | Nov 17, 2009
An FCC-commissioned study on global broadband is deeply flawed, a group of telecom and cable operators agreed in comments filed this week with the agency. The report, prepared at Harvard University, termed the U.S. a "middle-of-the-pack" country on various broadband yardsticks. Meanwhile, USTelecom took issue with the study's "selective inclusion and exclusion of key facts," among other concerns. Multichannel News (11/16)
2. Uptick coming in second half of 2010, AT&T's Stephenson says
USTelecom dailyLead | Nov 18, 2009
The business cycle has remained mired in the economic slump, but a rebound is expected in the second half of next year, AT&T CEO Randall Stephenson told Dow Jones Newswires. Stephenson said the telecom's television-programming access would stay the same, even if a deal for Comcast to take a majority stake in NBC Universal comes to fruition. Wall Street Journal, The (11/17)
3. Uncertainty, economy send Nortel to $508M loss
USTelecom dailyLead | Nov 17, 2009
Nortel Networks' financial picture continued to slide in the third quarter as customers remained cautious about its ongoing bankruptcy proceedings and the slowly recovering economy. Amid its ongoing asset sell-off, Nortel reported Monday that it lost more than $500 million and holds $1.8 billion in cash reserves. Reuters (11/16)
4. FCC considers phone fee, network sharing to expand broadband
USTelecom dailyLead | Nov 18, 2009
The FCC today will consider ways to provide incentives to get all Americans to hook up to broadband Internet, including taxing consumers' phone bills to help subsidize service and requiring ISPs to share their networks with competitors, proposals that have met with criticism from telecom and cable companies. Wall Street Journal, The (11/18)
5. Verizon Business branches out to start electric-grid service
USTelecom dailyLead | Nov 19, 2009
Verizon Business will advise utilities on how to maintain a reliable and secure electric grid across the continent under a consultancy the telecom introduced Wednesday. Electric companies could pay from $30,000 to millions of dollars for the service, depending on their size and the nature of the job, a Verizon Business official said. Network World (11/18)
6. AT&T, Sun put on VMware to peek through clouds
USTelecom dailyLead | Nov 16, 2009
AT&T will offer enterprises a scalable cloud-computing service, the company announced today, saying it is partnering with Sun Microsystems and VMware to offer a server-based platform so businesses can access their data without investing heavily in hardware. AT&T's Synaptic Compute as a Service works with VMware's virtualization platform and Sun's computing power that, like most other cloud-based services, allows customers to use -- and pay for -- only as much capacity as they need. Network World (11/16)
7. Report: Nortel's optical auction attracts NSN for Friday bids
USTelecom dailyLead | Nov 19, 2009
The auction of Nortel Networks' optical business, now set for Friday, has attracted a second bidder: Nokia Siemens Networks has joined Ciena in the auction, according to published reports. NSN has partnered with One Equity Partners in a process that had previously attracted only Ciena's $526 million "stalking-horse" bid. Nortel confirmed a second bidder is in play, but it declined to comment on the name of the party. Reuters (11/18) Bloomberg (11/19)
8. Verizon, cable back USF change to include broadband
USTelecom dailyLead | Nov 18, 2009
Verizon Communications has joined with cable companies to back a proposal to include broadband service under the Universal Service Fund's mandate of reaching isolated areas. A House committee held a hearing Tuesday on a bill to make that change, which Verizon Senior Vice President Peter Davidson praised the measure for taking "a big step" toward repairing the USF before it "layer[ed] on any additional priorities." Multichannel News (11/17) Telephony Online (11/17)
9. Analyst says Sprint has turned corner, ups rating
USTelecom dailyLead | Nov 17, 2009
Sprint Nextel investors got some welcome news Monday when a Credit Suisse analyst raised his rating on the carrier's shares to "outperform," saying he believes that subscriber losses will stabilize and that growth from prepaid services will offset postpaid declines. The analyst also noted that Sprint has repaid $1 billion on its $4.5 billion revolving-debt facility. Also, Sprint said it had begun selling Clearwire's WiMAX service in Austin and San Antonio, Texas, under its own brand. CEDMagazine.com (11/16) Reuters (11/16)
10. Vonage agrees to pay $3M, consumers in 32 states
USTelecom dailyLead | Nov 17, 2009
Vonage will pay 32 states a total of $3 million and provide refunds to certain customers under a settlement after an investigation by attorneys general into its business practices, according to a company filing Monday with the Securities and Exchange Commission. The states had received complaints that the VoIP pressured consumers to keep their accounts when they tried to cancel service. American City Business Journals (11/17) Indianapolis Star, The (11/17)
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Companies in the news
- AT&T Inc.
- AboveNet
- China Mobile Ltd.
- Deutsche Telekom AG
- Freenet Ag
- Lucent
- Maxis Communications
- Millicom International Cellular S.A.
- Nortel Networks Corp
- Reliance Communications Ltd.
- Singapore Telecommunications Ltd.
- Tata Teleservices Ltd.
- Telecom Italia SpA
- United Internet AG
- Verizon Communications Inc.